Thursday , March 28, 2024

Search Results for: p2p

Graylin’s and Wallner’s New Venture and other Digital Transactions News briefs from 10/20/20

Payments industry veterans Will Graylin and George Wallner launched a fundraising campaign on Indiegogo for OV Valet, their new company that wants to offer Superkey, a fob that uses near-field communication and magnetic secure transmission technology, to enable tap-and-pay payments.Payments-technology provider VoPay International Inc. said it is working with Visa Inc. to integrate the …

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Fueled by Covid-19, Fiserv Says It Has Linked 200 Financial Institutions to Zelle in 2020

Fiserv Inc. has onboarded 200 banks and credit unions to the Zelle peer-to-peer payments network since the start of the year, doubling the number of financial institutions it has brought into the network since 2017. Of the 200 financial institutions, more than 80% have gone live since March, when the …

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PayPal Adds QR Codes to a Visa-Branded Venmo Card Issued by Synchrony With an NFC Chip

PayPal Holdings Inc. on Monday launched a Visa-branded credit card for its Venmo peer-to-peer payment service that features a QR code for P2P transfers in addition to a near-field communication chip for merchant acceptance. The new product arrives as PayPal searches for ways to boost revenue for its wildly popular …

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The Move to Digital Payments And Accounts Carries Risk for Businesses, Report Says

As more consumer and business activity, let alone shopping, migrates to digital channels, the potential for additional risk increases. A new white paper from Giact Systems LLC outlines where some of the risk may be emerging. The Allen, Texas-based payments and identity-fraud prevention firm said undetected fraud can erode consumer …

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COMMENTARY: Here Are the Key Factors Driving Digital Fraud in 2020

Over the last 24 months, organizations across the globe have experienced $42 billion in total fraud losses. An increasing number of businesses report higher losses related to fraudulent identities year over year, according to a report from Experian, from 51% in 2017 to 57% in 2019. Here are some of …

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Why Visa And PayPal Are Bringing Real-Time Expediency to Cross-Border Payments

PayPal Holdings Inc. and Visa Inc. are adding cross-border payments to an agreement to route payments made through PayPal’s Instant Transfer Service through the Visa Direct platform. The expanded agreement will allow consumers and small businesses to send or receive money to or from a Visa card account in real-time …

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EVO Teams With OTI And Other Digital Transactions News Briefs From 8/26/20

EVO Payments Inc. said it will offer payment equipment and services from On Track Innovations Ltd. to independent software vendors and unattended payments merchants.Bluefin Payment Systems LLC announced that Invoice Cloud, an electronic bill presentment and payment provider, will use Bluefin’s point-to-point encryption service.Data security services provider ControlScan Inc. said …

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The Pandemic Has Stoked Merchant Risk Along With Contactless Payments

With the Covid-19 pandemic accelerating consumers’ use of contactless cards and mobile wallets, merchants can expect hackers to target contactless transaction data at the point-of-sale, says Ruston Miles, founder and advisor at Atlanta-based Bluefin Payment Systems LLC. The main point of vulnerability in a contactless environment at the physical point-of-sale …

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Businesses Adopt Zelle As the Network’s Numbers Climb in the Face of the Pandemic

Peer-to-peer payments networks like Zelle were introduced as a means for consumers to pay each other, but business acceptance now appears to be ramping up along with consumer usage in the face of the Covid-19 pandemic.  Seven major financial institutions are now enabling property owners, home-services companies, and other small …

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A Ripple Executive Sets up a Digital Wallet for One-Click Checkout With XRP

The big card networks have been introducing a one-click e-commerce checkout and plan to take it overseas by next year, but now a Ripple Labs Inc. executive may beat them to the punch with a single-click capability for Ripple’s XRP cryptocurrency. In what he characterizes as a “personal project,” Ripple director …

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Digital Transactions